6 Mall St
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 28, 2024 | Sold | ||
| Sold | |||
| Jul 17, 2024 | In contract | - | |
| In contract | |||
| Jul 10, 2024 | Listed by Options Real Estate Services, LLC | $649,900 | |
| Listed by Options Real Estate Services, LLC | |||
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Prominently located in the heart of history within the desirable Salem Common neighborhood surrounded by all of Salem's charm and amenities. Steps from the door are Salem Common, Hawthorne Hotel, museums, shops, eateries, events, Collins Cove & more. This dormered Cape was built in 1963 having been lovingly maintained by a one-owner family. The home features important updates such as: oil tank, roof and exterior paint, brick front stairway & doors. Two 1st level Bedrooms & 2 BR's up have h/w flooring, 2 full baths one up & down, finished lower level & all season room, ample closets, off street parking for up to 4 cars. To find a Single Family home is a rare gem amongst the downtown-you can enjoy the amenities while being set on a quiet street with a peaceful Beacon Hill style yard. Salem is the destination city of the North Shore with museums, shops, & a thriving restaurant/arts scene. A Commuters dream - just moments to the MBTA- train, bus, ferry and all of the North Shore and beyond
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017